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Robinhood Opens USDG Lending Feature to All Eligible U.S. Users

Robinhood Opens USDG Lending Feature to All Eligible U.S. Users

Photo: TokenPost

Robinhood has opened its Earn lending feature to all eligible U.S. users, widening access to a product that accepts USDG deposits and pays lending interest plus rewards. Deposits go into a Morpho vault on Robinhood Chain, curated by Steakhouse. Morpho rewards supplement the interest earned through lending. By Aug. 31, Robinhood Earn deposits on Robinhood Chain had reached $456 million . John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Also reported by The Defiant.

Source: TokenPost

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